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Thursday, August 21, 2025
TopicFinance ministry

Topic: finance ministry

This is what Modi govt wants 3 loss-making insurance firms to do to turn profitable

The Modi govt has attached conditions for its capital infusion into OlCL, NICL and UIICL, focussing on profitability and improving customer service.

Protect bankers, act against miscreants with full force of law: Finance ministry tells states

In a letter to all state chief secretaries, the finance ministry sought proactive and preventive measures amid rising incidents of violence against bankers on bank premises.

Economy showing signs of recovery but pandemic may affect business climate: Finance Ministry

Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.

Finance ministry clears suburban rail for traffic-choked Bengaluru, MP says land survey on

The 148.17-km project now awaits approval from Cabinet Committee on Economic Affairs. It is hoped the rail network will rid Bengaluru of its infamous traffic snarls.

Why India must not drop out of the global cryptocurrency race

If India wants a voice in a world of two clashing superpowers & competing networks for moving money cheaply, it needs to build its own crypto capabilities.

Finance ministry paves way for individual contributions to NDRF, 15 years after Act was passed

Amid row over PM-CARES, the finance ministry has issued a memorandum outlining the procedure by which a person or institution can contribute to the NDRF.

‘Govt sabotaging atmanirbhar plan’ — farmers criticise masoor duty cut as global prices rise

Modi govt reduced the import duty on masoor to less than half on 2 June. Farmers and traders allege move is to aid influential trading groups.

Finance ministry won’t approve any new govt schemes in FY21 amid expenditure squeeze

Schemes under the Covid economic package will be the only exceptions to a new order. A massive contraction in revenues and rise in expense has led to a crunch.

Govt ‘exploring ways to bring back labourers’ as efforts begin to get economy on track

Lakhs of migrant labourers left the big urban centres as the lockdown, which has continued with periodic relaxations since 25 March, left them without jobs.

Modi govt estimates 15% of Rs 3 lakh crore MSME loans could turn NPA. Banks fear worse

Modi govt has promised 100% credit guarantee to banks and NBFCs to ensure credit flow to MSMEs. But bankers say revival of the economy is crucial to loan performance.

On Camera

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

First-of-its kind tri-services conference Ran Samvad to take place in Army War College next week

Billed as the military’s own version of Raisina Dialogue, the event will spotlight on tech-driven warfighting, lessons from Operation Sindoor and release of three new doctrines.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?